Congarinni North is a quiet locality in New South Wales within the Nambucca Valley local government area (postcode 2447). With a population of 394, the suburb has a mature demographic with a median age of 49. Households earn a median income of $64K per year, with an average household size of 2.6 people. The most common occupations are community & personal service, professionals, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Congarinni North is $788,000, having dipped slightly 0.2% over the past year. The current median weekly rent is $568. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,733.
Public transport access includes 19 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,212 incidents per 100,000 population.
From an investment perspective, Congarinni North offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($788K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.2x is considered stretched. House prices have moved -0.2% year-on-year.
Congarinni North is a quiet locality in New South Wales within the Nambucca Valley local government area (postcode 2447). With a population of 394, the suburb has a mature demographic with a median age of 49. Households earn a median income of $64K per year, with an average household size of 2.6 people. The most common occupations are community & personal service, professionals, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Congarinni North is $788,000, having dipped slightly 0.2% over the past year. The current median weekly rent is $568. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,733.
Public transport access includes 19 bus stops. The crime rate in the Nambucca Valley LGA is moderate at 4,212 incidents per 100,000 population.
From an investment perspective, Congarinni North offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($788K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.2x is considered stretched. House prices have moved -0.2% year-on-year.